RH (RH)

• Market cap: $6.33B
• 1 day: -7.06%
• 5 days: -11.73%
• 1 month: -25.18%
• 3 months: -1.35%
• 6 months: 24.28%
• Year to date: -13.92%
• 1 year: 32.83%
• 5 years: 43.83%
• 10 years: 297.12%
• Sector: Consumer Discretionary
• Industry: Furniture Stores

About: RH is a luxury furniture and lifestyle retailer operating in the $134 billion domestic furniture and home furnishing industry. The firm offers merchandise across many categories including furniture, lighting, textiles, bath, decor, and children and is growing the presence of its hospitality business with 19 restaurant locations. RH innovates, curates, and integrates products, categories, services, and businesses across channels and brand extensions (RH Modern and Waterworks, for example). RH is fully integrated across channels and is positioned to broaden its addressable market over the next decade by expanding abroad, with its World of RH digital platform (highlighting offerings outside of home furnishings), and with offerings in bespoke furniture, architecture, media, and more.

Employees: 6,590

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

80% more first-time investments, than exits

New positions opened: 90 | Existing positions closed: 50

38% more funds holding in top 10

Funds holding in top 10: 8 [Q3] → 11 (+3) [Q4]

22% more capital invested

Capital invested by funds: $5.39B [Q3] → $6.57B (+$1.19B) [Q4]

7% more funds holding

Funds holding: 386 [Q3] → 412 (+26) [Q4]

0.22% less ownership

Funds ownership: 87.36% [Q3] → 87.14% (-0.22%) [Q4]

8% less repeat investments, than reductions

Existing positions increased: 124 | Existing positions reduced: 135

17% less call options, than puts

Call options by funds: $860M | Put options by funds: $1.04B

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $374 10% upside
• Avg. target: $480 41% upside
• High target: $550 62% upside

9 analyst ratings

• positive: 6 67%
• neutral: 3 33%
• negative: 0 0%

Goldman Sachs Kate McShane 61% 1-year accuracy 22 / 36 met price target	10% upside $374	Neutral Upgraded	30 Jan 2025
Morgan Stanley Simeon Gutman 58% 1-year accuracy 22 / 38 met price target	56% upside $530	Overweight Upgraded	13 Jan 2025
Barclays Seth Sigman 65% 1-year accuracy 30 / 46 met price target	51% upside $515	Overweight Upgraded	8 Jan 2025
Telsey Advisory Group Cristina Fernandez 73% 1-year accuracy 24 / 33 met price target	47% upside $500	Outperform Upgraded	19 Dec 2024
Stifel W. Andrew Carter 68% 1-year accuracy 21 / 31 met price target	47% upside $500	Buy Maintained	16 Dec 2024